| IBB latest price $136.2000 (0.04%) ($135.8750 - $138.0500) on Wed. Sep. 16, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.59% (three month average) |
RSI | 55 |
Latest Price | $136.2000(0.04%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | IBB advances 1.1% a day on average for past five trading days. |
Weekly Trend | IBB declines -0.2% a week on average for past two weeks. |
Market Behavior | Rotation from growth to value for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support IBB advance at 0% a week (0% probability) IWO(78%) XBI(74%) IWM(70%) IWC(69%) IWF(69%) |
Factors Impacting IBB price | IBB will decline at least -0.795% in a week (0% probabilities). VIXM(-41%) UUP(-23%) VXX(-16%) TBT(-9%) IGOV(-3%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
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Relative Volatility | (options are extremely cheap) |
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Market Trend Strength | -0.795% (StdDev 1.59%) |
Hourly BBV | 0.3 () |
Intraday Trend | 0% |
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